I do not intend to accuse anyone of specifically engaging in pump and dump schemes, but such schemes happen very frequently. Even now, many are still doing it.

Here are the common modus operandi:

**Stage one:** Certain channels spread information that a large whale is ready to buy a specific coin, promising price increases of tens to hundreds of percent.

**Stage two:** Potential victims are asked to join closed groups on various communication platforms.

**Stage three:** After enough members and funds are gathered, an artificial pump occurs briefly. Then the coordinator and insiders exit immediately with large profits, while regular participants are trapped with severe losses when the price dump happens.

This pattern has become a dangerous trend in the crypto ecosystem. The more people are aware, the better they can protect themselves.